Integrated Biometrics Technology (IBT) has acquired Tailored Solutions Corporation in an effort to raise its profile in the government sector. Tailored Solutions is an Oregon-based software developer that is best known for providing government agencies with the technology they need to conduct criminal background checks.
To that end, Tailored Solutions’ offerings allow government agencies to search for names and fingerprints stored in the National Crime Information Center (NCIC) and the National Instant Criminal Background Check System (NICS) databases. It is also compatible with various state-level Automated Fingerprint Identification Systems (AFIS). Those background checks are a standard part of the hiring process in many regulated professions, including education, daycare, and medical care.
Some states require similar background checks for those registering for firearm permits. IBT itself is best known as a provider of face, fingerprint, and iris biometric solutions for law enforcement, and believes that the new additions to its portfolio will help draw the attention of state and federal government agencies. The two companies did not disclose the terms of the acquisition.
“We are elated to welcome Eric Murphy, Bronson Utter, and Bruce Hart to our IBT Family,” said IBT CEO Charles Carroll. “This acquisition allows us to offer state agencies a full-service solution for collecting, adjudicating, and tracking fingerprint-based background checks.”
Tailored Solutions is in the process of launching a new Flex-Check RAP BACK solution that notifies agency administrators if an employee gets arrested after previously clearing a background check when they were hired. The Tennessee Bureau of Investigations will be one of the first agencies to take advantage of the product.
IBT, meanwhile, recently opened new headquarters in Franklin, Tennessee. Grand View Research has predicted that the demand for AFIS systems will reach $12.46 billion by 2025, while Stratistics Market Research Consulting is even more optimistic and forecasts a $26.55 billion AFIS market by 2026. However, both rereports were published before the onset of COVID-19.
January 27, 2022 – by Eric Weiss